INSIGHT: Nvidia has lost nearly $1.4 TRILLION in market value since its October 6 record 👀
$NVDA is down nearly 25% from its peak and on track for its 5th straight losing week, its longest losing streak since 2022. It shed about $450B in a single morning as AI stocks crashed after the midterms.
📉 Oct. 9: −2%
📉 Oct. 16: −7%
📉 Oct. 23: −2%
📉 Oct. 30: −3%
📉 This week: −11%
Washington is now the biggest risk to the AI trade.$NVDAB
$NVDA is down nearly 25% from its peak and on track for its 5th straight losing week, its longest losing streak since 2022. It shed about $450B in a single morning as AI stocks crashed after the midterms.
📉 Oct. 9: −2%
📉 Oct. 16: −7%
📉 Oct. 23: −2%
📉 Oct. 30: −3%
📉 This week: −11%
Washington is now the biggest risk to the AI trade.$NVDAB
